Clean heat technology start-up Futraheat has closed a £1.5 million seed round to accelerate product development and commercialisation of its high temperature heat pump technology.
A total of eight research and development projects led by the National Grid have been collectively awarded £896,000 during the ‘discovery phase’ of Ofgem’s Strategic Innovation Fund (SIF) programme.
Following investment from Ofgem’s Strategic Innovation Fund (SIF), UK Power Networks is set to launch a “major series of innovation projects” to help the UK achieve a “Silicon Valley of energy.”
Telecommunications company Vodafone is utilising on-site solar panels, big data analytics, artificial intelligence (AI) and machine learning to drive energy efficiencies across its UK networks.
As part of the demand flexibility service trial, energy company British Gas has paid out over £1.8 million since December 2022, saving at total of 147MWh of energy.
Renewable energy developer SSE Renewables has revealed that its application to build the UK’s largest offshore wind farm, which would be capable of generating 4.1GW of renewable energy, has commenced determination.
Government policy, power prices and a drive towards greater sustainability are resulting in a rapidly increasing number of people adopting EVs, solar installations and domestic batteries.
